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Thu 2 Sep 2004, 15:50 TRADING UPDATE
ENTERPRISE OUTSOURCING HOLDINGS LIMITED - TRADING UPDATE                        
ENTERPRISE OUTSOURCING HOLDINGS LIMITED                                         
Incorporated in the Republic of South Africa                                    
(Registration number 1998/014669/06)                                            
Share code: EOH     ISIN: ZAE000022026                                          
(`EOH` or `the Company`)                                                        
TRADING UPDATE                                                                  
Shareholders are advised that EOH`s earnings per share and headline earnings per
share for the financial year ended 31 July 2004 are expected to be materially   
higher than the earnings per share and headline earnings per share for the year 
ended 31 July 2003. Materially, as defined in the Listings Requirements of the  
JSE Securities Exchange South Africa, means an increase of between 10% and 30%. 
The information contained herein has not been reviewed or reported on by EOH`s  
auditors. The Company`s audited results are expected to be published on SENS on 
or about Monday, 20 September 2004.                                             
Johannesburg                                                                    
2 September 2004                                                                
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited
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